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Openness and Growth

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Edited by James Proudman and Stephen Redding

The Openness and Growth book contains the proceedings of an academic conference held at the Bank of England in September 1997. The research described in the book investigates the link between productivity growth and the international openness of the UK economy. Is there a positive link? If so, to what extent does that reflect the openness of the economy to international trade, to flows of international capital and to flows of knowledge through the transfer of technology and research and development?

The empirical evidence of a positive link is persuasive. Countries which are more open have tended to grow more quickly. And sectors of the UK economy most exposed to international developments have tended to grow faster.

The book contains six research papers organised into four sessions. Each session contains the comments of one or more discussants and a summary of the general discussion of that session.

List of contributors to Openness and Growth:

Foreword:
Mervyn King (Deputy Governor, Bank of England)

Authors:
Marco Bianchi (Bank of England)
Gavin Cameron (Nuffield College, Oxford)
James Proudman (Bank of England)
Stephen Redding (Bank of England)

Discussants:
Dan Ben-David (Tel Aviv University)
Andrew Bernard (Yale School of Management)
Christopher Bliss (Nuffield College, Oxford)
Danny Quah (London School of Economics)
Peter Sinclair (Birmingham University)
Jonathan Temple (Hertford College and IES, Oxford)

Panellists:
John Muellbauer (Nuffield College, Oxford)
Peter Neary (University College, Dublin)
Adrian Wood (University of Sussex)

For further information on the contents of the book, please see Stephen Redding's web site at the LSE (see External Links).

For information on prices and how to obtain a copy, please see below.

Price exclusive of postage and packaging

 Purchased in person from the Bank  £10.00

Price inclusive of postage and packaging

Any address within the United Kingdom £12.50
Europe £15.00
All other locations £15.00

Further details may be obtained from:

Publications Group Tel: +44 (0)171-601 4030
Monetary Analysis (HO-4) Fax: +44 (0)171-601 5196
Bank of England  
London Email: mapublications@bankofengland.co.uk
EC2R 8AH  

Please send details of your address and the number of copies required, together with a cheque/bankers draft to the above address. Cheques should be crossed and made payable to the Bank of England. For those outside the United Kingdom, cheques should be drawn either in sterling on a bank in the United Kingdom, or by foreign currency draft or money, ensuring that it is drawn on a bank in the country of origin and for the equivalent amount at the prevailing sterling exchange rate.

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